Forest Glen marketplace
Forest Glen Real Estate: Townhomes, Duplexes & Multiplex Homes for Sale
17 active multiplex and townhome listings in Forest Glen, Burnaby, BC. Filter by home type below, or scroll down to browse every home.
About Forest Glen
Forest Glen sits between Metrotown and Deer Lake in central Burnaby, a mature, tree-lined neighbourhood where 1950s and 1960s single-family blocks have been converting to half-duplexes at a faster rate than any other Burnaby neighbourhood. Walking access to the Metrotown Skytrain is the neighbourhood's practical spine; Central Park (one of the Lower Mainland's largest urban parks, with a running track, pitch and putt, pitch-and-putt, tennis courts, and the covered Swangard Stadium) sits on the western edge. Streets are quiet, grid-planned, and predominantly residential with mature tree canopy. Schools include Marlborough Elementary and Burnaby Central Secondary, with Metropolis at Metrotown and the town-centre amenities a short walk west.
Family buyers who want Metrotown's Skytrain access and Central Park's green space without paying town-centre pricing, multigenerational households for whom Forest Glen's larger lots support basement-suite configurations, and established Burnaby residents downsizing from larger single-family homes who want to stay in central Burnaby.
Forest Glen has the highest density of new-build half-duplex inventory in Burnaby, the result of steady lot subdivision driven by Metrotown proximity and lot values that make conversion financially attractive. Pricing tracks the broader central Burnaby market and is typically a step below Metrotown-adjacent product while maintaining the same Skytrain access.
Home types in Forest Glen
Townhomes
Ground-oriented townhomes with their own front door, often three storeys, side-by-side with neighbours.
6 active
Median $1,399,000
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Duplexes
Two-home buildings (side-by-side or stacked) that give you a full home without the cost of a detached lot. In BC, these are often listed as half duplexes on MLS®.
11 active
Median $1,799,999
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Triplexes
Three-home multiplex buildings, often built under BC's small-scale multi-unit housing rules. Most active inventory is pre-sale or coming-soon.
0 active
Pre-sales available
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Fourplexes
Four-home multiplex buildings (also called 4plex or quadruplex), the most common new-build format in BC's missing-middle housing rollout.
1 active
Median $1,449,900
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Multiplexes
All multiplex formats in one place: duplexes, triplexes, fourplexes, and any larger ground-oriented buildings.
17 active
Median $1,599,999
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Nearby neighbourhoods
Buying a multiplex in Forest Glen
What multiplex homes are for sale in Forest Glen, Burnaby?
17 homes in Forest Glen, Burnaby are listed for sale on the MLS® system today, including duplexes, townhomes and other homes in multiplex buildings. Asking prices run from $1,299,000 to $2,348,000. MultiLiving brings in new MLS® listings every night, and every home on this page shows its address, price and size. Save any home to come back to it later.
How much does a multiplex home cost in Forest Glen, Burnaby?
The middle asking price of the 17 homes listed in Forest Glen, Burnaby today is $1,599,999. By type, the middle price is $1,799,999 for a half duplex home (11 listed) and $1,399,000 for a townhome (6 listed). Greater Vancouver REALTORS publishes no price index for multiplex homes, so these figures come from the listings on this page, and they change as homes sell and new ones are listed.
How much down payment do I need for a home in Forest Glen?
At $1,599,999, the middle asking price in Forest Glen, Burnaby today, the minimum down payment is $320,000. Under federal rules, a home under $1.5 million needs 5 percent of the first $500,000 and 10 percent of the rest, and a home at $1.5 million or more needs 20 percent, with no mortgage insurance available, according to the Financial Consumer Agency of Canada. Two buyers who pool their savings count as one down payment.
What is it like to live in Forest Glen?
Forest Glen sits between Metrotown and Deer Lake in central Burnaby, a mature, tree-lined neighbourhood where 1950s and 1960s single-family blocks have been converting to half-duplexes at a faster rate than any other Burnaby neighbourhood. Walking access to the Metrotown Skytrain is the neighbourhood's practical spine; Central Park (one of the Lower Mainland's largest urban parks, with a running track, pitch and putt, pitch-and-putt, tennis courts, and the covered Swangard Stadium) sits on the western edge. Streets are quiet, grid-planned, and predominantly residential with mature tree canopy. Schools include Marlborough Elementary and Burnaby Central Secondary, with Metropolis at Metrotown and the town-centre amenities a short walk west.
Can I get a 30-year mortgage on a new home in Forest Glen?
Often, yes. Since December 15, 2024, an insured mortgage can run for 30 years instead of 25 when your down payment is under 20 percent and either you are a first-time buyer or the home is newly built, according to the Department of Finance Canada. A brand new multiplex home meets the second test, so a buyer who has owned before can still qualify. The longer term lowers each monthly payment and raises the total interest you pay over the life of the loan.
Can I rent out a multiplex home in Forest Glen?
Yes. Since November 24, 2022, no strata in British Columbia can have a bylaw that stops owners from renting out their home, according to the Province of BC. That covers almost every multiplex home, because most are sold as strata homes. A strata can still limit or ban short-term rentals, such as nightly stays, with a three-quarter vote of owners, so read the bylaws before you plan on that kind of rental.
Do I pay property transfer tax on a new home in Forest Glen?
Often not. British Columbia's Newly Built Home Exemption removes property transfer tax on a newly built home worth up to $1,100,000, with a partial exemption up to $1,150,000, according to the Province of BC. You must be a Canadian citizen or permanent resident, move in within 92 days, and live there as your main home for the first year. Above $1,150,000 you pay the normal tax, which on a $1,400,000 home is $26,000.
Is there a GST rebate for first-time buyers in Forest Glen?
Yes, if you are a first-time buyer. The first-time home buyers' GST/HST rebate returns up to $50,000 of the GST on a brand new home priced at or below $1 million, according to the Canada Revenue Agency. Between $1 million and $1.5 million the rebate gets smaller, and at $1.5 million it is gone. The home must be your main home, and you must not have lived in a home that you or your spouse owned in the current year or the four years before.
How do I buy a multiplex home in Forest Glen?
Start with a mortgage pre-approval, so you know the price you can pay. Then look through the homes in Forest Glen on this page and save the ones you like. Before you make an offer on a strata home, read its bylaws, the minutes of recent owners' meetings and the budget, which show the monthly fee and any planned repairs. MultiLiving's licensed REALTORS® can book viewings and help you write the offer: contact the team at multiliving.ca/contact.
